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    Property profile & analytics

    2968 Main St Macy, IN 46951-8552

    • Turn key restaurants
    • 2,368 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US31-1149878
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2968 Main St

    Year built
    1962
    Construction
    WOOD
    Lot size
    0.72 lot acres
    Property size
    2,368 SF
    Property type
    Turn key restaurants
    APN
    25-12-15-155-011.020-004
    APU
    251215155011020004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Macy
    County
    Fulton
    State
    Indiana
    Longitude
    -86.1878
    Latitude
    40.9618

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,186
    $129,000
    $112,300
    $241,300
    -
    $129,000
    $112,300
    $241,300

    Comparable in this City

    • Value Estimation by Request
      2,688 SF

      190 Commerce St

      RESTAURANT • 2,688 SF
      190 Commerce St, Macy, IN 46951
      View Details
    • Value Estimation by Request
      1,800 SF

      1197 1000th N

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      1197 1000th N, Macy, IN 46951-7816
      View Details
    • Value Estimation by Request
      3,165 SF

      6489 Old Us Hwy 31

      AUTO REPAIR, GARAGE • 3,165 SF
      6489 Old Us Hwy 31, Macy, IN 46951-8581
      View Details
    • Value Estimation by Request
      1,408 SF

      650 Old Us Hwy 31

      FINANCIAL BUILDING • 1,408 SF
      650 Old Us Hwy 31, Macy, IN 46951
      View Details
    • Value Estimation by Request
      3,460 SF

      13902 State Rd 19

      RETAIL STORES (PERSONAL SERVICES) • 3,460 SF
      13902 State Rd 19, Macy, IN 46951-7868
      View Details
    • Value Estimation by Request
      2,516 SF

      190 Columbia St

      AUTO REPAIR, GARAGE • 2,516 SF
      190 Columbia St, Macy, IN 46951-4215
      View Details

    Similar Nearby for Sale

    • $249,000

      Land on U.S. 31

      Land suitable for regional office, warehouse, or general business.
      1050 N Old Route 31, Macy, IN 46951
      View Details
    • New
      Contact for pricing
      2,631 SF

      Charming Brick Church with Lots

      Versatile property with historical charm and modern potential.
      105 N Mckee St, Macy, IN 46951
      View Details
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    2968 Main St
    Macy, IN 46951-8552
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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